Borealis Mining Company Limited (BOGO)

Borealis Advances Sandman Toward Development with 5,000 Metre Drill ProgramJune 10, 2026 7:00 AM
NewsfileProgram designed to advance Sandman toward development through metallurgical and geotechnical testingInitial drilling to support engineering studies, mine planning and permitting activitiesFollow-up drilling to target resource expansion and district-scale exploration opportunitiesMetallurgical and geotechnical test work planned across all four Sandman depositsVancouver, British Columbia--(Newsfile Corp. - June 10, 2026) - Borealis Mining Company Limited (TSXV: BOGO) (OTCQB: BORMF) (FSE: L4B0) ("Borealis" or the "Company") is pleased to announce the commencement of a 5,000 metre drilling program at its wholly-owned Sandman Gold Project ("Sandman" or the "Project") in Humboldt County, Nevada. Drilling is expected to begin on or about June 19th, 2026 and continue for several months.The program represents the next phase in advancing Sandman toward development and is designed to generate the technical information required to support future engineering studies, mine planning, and permitting activities while continuing to evaluate opportunities to expand the project's resource base.Approximately 1,660 metres of the program will be dedicated to metallurgical and geotechnical drilling across the Silica Ridge, North Hill, Abel Knoll, and Southeast Pediment deposits, with the balance of the program focused on resource expansion and exploration drilling. The initial phase is intended to generate critical engineering, mine planning, and permitting data, while the second phase will evaluate opportunities to expand existing resources and test new exploration targets throughout the district.Figure 1: Sandman Property and Mineral Resource OutlinesTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9344/300801_fcad5008c4ccbaa9_001full.jpgSandman is an advanced-stage gold project located approximately 25 kilometres northwest of Winnemucca, Nevada. The project hosts a pit-constrained mineral resource containing 433,000 ounces of gold in the Indicated category grading 0.73 g/t gold and 60,800 ounces of gold in the Inferred category grading 0.58 g/t gold. The resource includes approximately 300,600 ounces of oxide gold, representing a significant portion of the project's potential heap-leach feed, and is distributed across four principal deposits: Silica Ridge, North Hill, Abel Knoll, and Southeast Pediment. A Preliminary Economic Assessment ("PEA") completed earlier this year demonstrated robust economics, including an after-tax NPV(6%) of approximately US$203 million and an IRR of approximately 105% at a gold price of US$2,600 per ounce. The PEA outlines a conventional open-pit, heap-leach operation producing approximately 38,000 ounces of gold annually over a nine-year mine life.Table 1: Sandman Mineral Resource Estimate (2021)CategoryIndicatedInferred
Tonnes (t)Grade (g/t)Gold (oz)Tonnes (t)Grade (g/t)Gold (oz)Oxide12,991,0000.63265,1002,377,0000.4635,500Fresh5,559,0000.94167,900869,0000.9125,300Total18,550,0000.73433,0003,246,0000.5860,800 The initial phase of drilling will focus on metallurgical and geotechnical testing across each of the four deposits. Metallurgical drilling will provide representative samples for recovery testing and future process optimization studies, while geotechnical drilling will collect information required for pit slope design, mine planning, infrastructure layout, and permitting activities.The Company believes this work will provide a critical technical foundation for evaluating future development scenarios at Sandman and advancing the project through key engineering and permitting milestones. The data generated from the program is expected to support future technical studies while helping define a potential pathway toward production.Following completion of the metallurgical and geotechnical program, Borealis plans to allocate the remaining metres toward resource expansion and exploration drilling. The program will test extensions of known mineralization adjacent to existing deposits and evaluate several high-priority exploration targets identified through compilation of historical exploration data and recent geological interpretation.Management Commentary"With production activities progressing well at the Borealis Mine, we are now focused on advancing the next phase of growth within our Nevada portfolio. Sandman already hosts nearly 500,000 ounces of gold, robust economics from our recently completed PEA, and substantial exploration upside. This program is designed to generate the technical information required to advance the project toward future development while continuing to evaluate opportunities to expand the resource base and unlock additional value across the district. We believe the combination of an established resource, a significant oxide component, strong infrastructure, and exploration upside positions Sandman as a compelling future growth asset within our Nevada portfolio."The Company will provide additional updates as drilling progresses and analytical results become available.Atrium Research EngagementThe Company also announces that it has entered into an agreement dated June 9, 2026, with an effective date of June 1, 2026, to engage the services of Atrium Research Corporation ("Atrium"), a leading company sponsored research firm. Atrium will publish various research reports on Borealis based on publicly available information, industry data, and discussions with management. Atrium will also host two recorded interviews with Borealis's management team to present the investment case in an interview format. In exchange for its research services, Atrium will receive cash compensation in the amount of $12,000 per quarter for the services listed above. The services will be provided for 12 months. At the end of the 12 month term, the agreement will be deemed to remain in place and be extended on a quarter-to-quarter basis at $12,000 per quarter, unless otherwise agreed to by the parties or the agreement is terminated by either party. This engagement is subject to the approval of the TSX Venture Exchange.Atrium and the Company are arm's-length parties, and neither Atrium nor its insiders holds any shares or options to purchase shares in the issued and outstanding capital of the Company.About Atrium ResearchAtrium Research provides institutional quality company sponsored research on public equities in North America. Its investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Its research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, and an in-depth valuation analysis. Atrium Research is wholly owned and operated by its Co-Founders, Ben Pirie and Nicholas Cortellucci.About the Sandman Gold ProjectSandman is a conventional open-pit, heap-leach gold project located in Humboldt County, Nevada, approximately 12 miles northwest of Winnemucca. The Project hosts four known deposits—North Hill, Silica Ridge, Southeast Pediment, and Abel Knoll—and benefits from proximity to infrastructure and Borealis' existing operations.A 2026 PEA demonstrates robust project economics for a conventional, low-strip, heap-leach development scenario. At a base case gold price of US$2,600 per ounce, the Project generates an estimated after-tax net present value (6% discount rate) of approximately US$203 million and an internal rate of return of approximately 105%, with average annual production of approximately 38,000 ounces of gold over an approximately nine-year mine life. Life-of-mine gold production is estimated at approximately 340,000 ounces, with all-in sustaining costs of approximately US$1,823 per ounce and initial capital of approximately US$36 million.The PEA also highlights strong leverage to gold prices, with materially higher returns at prices above the base case.The Project is designed as a phased, capital-efficient development with the potential to utilize Borealis' existing adsorption–desorption–recovery ("ADR") facility, providing a credible pathway toward reduced capital intensity and accelerated development.Qualified Person and Cautionary StatementThe scientific and technical information contained in this news release has been reviewed and approved by Kelly Malcolm, P.Geo., President, Chief Executive Officer and a director of the Company, who is a Qualified Person as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). Mr. Malcolm is not independent of the Company.The technical information relating to the Sandman Gold Project is based on the Company's previously disclosed NI 43-101 technical report titled "NI 43-101 Technical Report – Sandman Gold Property, Nevada, USA – Preliminary Economic Assessment", with an effective date of January 5, 2026 and a report date of February 19, 2026, prepared by Jerod Eastman, P.Geo., an independent Qualified Person.The PEA referenced herein is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied that would enable them to be categorized as mineral reserves. There is no certainty that the results of the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.This news release contains references to ongoing engineering, technical and permitting activities intended to advance the Sandman Gold Project. There is no certainty that such activities will result in the definition of mineral reserves, completion of a feasibility study, or that the Project will be placed into production. Advancement of the Project is subject to a number of risks and uncertainties, including but not limited to technical results, permitting outcomes, availability of financing, commodity price fluctuations, and general economic and market conditions.About BorealisBorealis Mining is a gold mining and exploration company focused on the advancement of its Nevada-based assets, including ongoing mining and production activities at the Borealis Gold Mine and the development of its Sandman Gold Project. The Borealis Gold Mine is a fully permitted mine site, equipped with active heap leach pads, an ADR facility, and all necessary infrastructure to support a heap leach gold mining operation. In addition to the mine, the property, comprised of 815 unpatented mining claims of approximately 20 acres each totaling approximately 16,300 acres and one unpatented mill site claim of about five acres located in western Nevada, is highly prospective for additional high-sulfidation gold mineralization. The Sandman project, previously acquired through the acquisition of Gold Bull Resources Inc., is an advanced exploration project with a recently completed (2021) NI 43-101 compliant resource and a recent (2026) Preliminary Economic Assessment which indicates compelling economics, particularly relative to the base case assumptions used in the study. Borealis is led by a strong board and management team, many of whom have founded, managed, and sold highly successful mining and exploration companies.For further information, please contact:Kelly Malcolm
President and Chief Executive Officer
info @paul314Certain statements in this news release, including statements regarding the results of the Sandman PEA and the Company's ongoing production decision and operations at the Borealis Gold Mine, constitute forward-looking statements within the meaning of applicable securities legislation. Such forward-looking statements are based on the opinions and estimates of management and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "budget", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar words suggesting future outcomes or statements regarding an outlook. Such risks and uncertainties include, but are not limited to, risks associated with the mining industry (including operational risks in exploration development and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainties involved in the discovery and delineation of mineral deposits, resources or reserves; the uncertainty of resource and reserve estimates and the ability to economically exploit resources and reserves; the uncertainty of estimates and projections in relation to production, costs and expenses; the uncertainty surrounding the ability of the Company to obtain all permits, consents or authorizations required for its operations and activities; and health and safety and environmental risks), the risk of commodity price and foreign exchange rate fluctuations, the ability of the Company to fund the capital and operating expenses necessary to achieve the business objectives of the Company, the uncertainty associated with commercial negotiations and negotiating with foreign governments and risks associated with international business activities, as well as those risks described in public disclosure documents filed by the Company. Due to the risks, uncertainties and assumptions inherent in forward-looking statements, prospective investors in securities of the Company should not place undue reliance on these forward-looking statements.Readers are cautioned that the foregoing lists of risks, uncertainties and other factors are not exhaustive. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements contained in this press release or in any other documents filed with Canadian securities regulatory authorities, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.The decision to increase production at the Borealis Gold Mine and the Company's ongoing mining operations as referenced herein (the "Production Decision and Operations") are based on internal models prepared by the Company in conjunction with management's knowledge of the property. The Production Decision and Operations are not based on a preliminary economic assessment, a pre-feasibility study or a feasibility study of mineral reserves demonstrating economic and technical viability. Accordingly, there is increased uncertainty and economic and technical risks of failure associated with the Production Decision and Operations, in particular: the risk that mineral grades will be lower than expected; the risk that ongoing mining operations are more difficult or more expensive than expected; and production and economic variables may vary considerably, due to the absence of a detailed economic and technical analysis in accordance with NI 43-101.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300801 Original: Borealis Advances Sandman Toward Development with 5,000 Metre Drill Program

Borealis Files NI 43-101 Technical Report for the Sandman Gold ProjectApril 2, 2026 5:58 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 2, 2026) - Borealis Mining Company Limited (TSXV: BOGO) (OTCQB: BORMF) (FSE: L4B0) ("Borealis" or the "Company") announces that it has filed on SEDAR+ the National Instrument 43-101 ("NI 43-101") technical report (the "Technical Report") supporting the previously announced Preliminary Economic Assessment ("PEA") for its Sandman Gold project ("Sandman" or the "Project") located in Humboldt County, Nevada, USA. All dollar amounts in this press release are in United States dollars unless indicated otherwise.The Technical Report, titled "NI 43-101 Technical Report – Sandman Gold Property, Nevada, USA – Preliminary Economic Assessment", has an effective date of January 5, 2026 and is dated February 19, 2026. The Technical Report is available under the Company's profile on SEDAR+ and on its website.The Technical Report supports the results previously disclosed in the Company's February 19, 2026 news release and there are no material differences from those results.PEA Highlights (Post-Tax, Base Case at US$2,600/oz Gold)Net Present Value (6% discount rate): approximately US$203 millionInternal Rate of Return: approximately 105%Payback period: approximately 1.1 years from first productionUndiscounted cumulative cash flow: approximately US$290 millionAverage annual cash flow: approximately US$36 millionAll-in sustaining cost: approximately US$1,823 per ounceInitial capital: approximately US$36 millionTotal life-of-mine capital: approximately US$57 millionLife-of-mine gold production: approximately 340,000 ounces over ~9 yearsThe PEA outlines a conventional open-pit, heap-leach operation with a low strip ratio of approximately 2.2:1 and average annual production of approximately 38,000 ounces of gold.The economic analysis remains based on the 2021 Mineral Resource Estimate and the same mine plan, processing approach and metallurgical assumptions used in the prior study.Sensitivity to Gold PriceThe PEA demonstrates strong leverage to gold price. At a gold price of approximately US$4,550 per ounce, the Project generates:Net Present Value (6% discount rate) post-tax: approximately US$696 millionInternal Rate of Return post-tax: approximately 289%Strategic AdvantageThe study continues to highlight the potential to utilize Borealis' existing adsorption–desorption–recovery ("ADR") facility at the Borealis Mine to process loaded carbon from Sandman, providing a capital-efficient pathway to potential development.Qualified Person and Cautionary StatementThe scientific and technical information contained in this news release is based on, and fairly represents, information prepared by Jerod Eastman, President of DJ 6E Consulting LLC, an independent Qualified Person as defined under NI 43-101. Mr. Eastman is responsible for the entirety of the updated Technical Report and PEA and has reviewed and approved this news release.The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied that would enable them to be categorized as mineral reserves. There is no certainty that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.About BorealisBorealis Mining is a gold mining and exploration company focused on exploration and the resumption of production of the Borealis Gold Mine in Nevada and the advancement of its Sandman project also in Nevada. The Borealis Gold Mine is a fully permitted mine site, equipped with active heap leach pads, an ADR facility, and all necessary infrastructure to support a heap leach gold mining operation. In addition to the mine, the property, comprised of 815 unpatented mining claims of approximately 20 acres each totaling approximately 16,300 acres and one unpatented mill site claim of about five acres located in western Nevada, is highly prospective for additional high-sulfidation gold mineralization. The Sandman project, previously acquired through the acquisition of Gold Bull Resources Inc., is an advanced exploration project with a recently completed (2021) NI 43-101 compliant resource and a recent (2026) Preliminary Economic Assessment which indicates compelling economics, particularly relative to the base case assumptions used in the study. Borealis is led by a strong board and management team, many of whom have founded, managed, and sold highly successful mining and exploration companies.For further information, please contact:Kelly Malcolm
President and Chief Executive Officer
info @paul314Certain statements in this news release, including statements regarding the results of the Sandman PEA and the Company's ongoing production decision and operations at the Borealis Gold Mine, constitute forward-looking statements within the meaning of applicable securities legislation. Such forward-looking statements are based on the opinions and estimates of management and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "budget", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar words suggesting future outcomes or statements regarding an outlook. Such risks and uncertainties include, but are not limited to, risks associated with the mining industry (including operational risks in exploration development and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainties involved in the discovery and delineation of mineral deposits, resources or reserves; the uncertainty of resource and reserve estimates and the ability to economically exploit resources and reserves; the uncertainty of estimates and projections in relation to production, costs and expenses; the uncertainty surrounding the ability of the Company to obtain all permits, consents or authorizations required for its operations and activities; and health and safety and environmental risks), the risk of commodity price and foreign exchange rate fluctuations, the ability of the Company to fund the capital and operating expenses necessary to achieve the business objectives of the Company, the uncertainty associated with commercial negotiations and negotiating with foreign governments and risks associated with international business activities, as well as those risks described in public disclosure documents filed by the Company. Due to the risks, uncertainties and assumptions inherent in forward-looking statements, prospective investors in securities of the Company should not place undue reliance on these forward-looking statements.Readers are cautioned that the foregoing lists of risks, uncertainties and other factors are not exhaustive. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements contained in this press release or in any other documents filed with Canadian securities regulatory authorities, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.The decision to increase production at the Borealis Gold Mine and the Company's ongoing mining operations as referenced herein (the "Production Decision and Operations") are based on internal models prepared by the Company in conjunction with management's knowledge of the property. The Production Decision and Operations are not based on a preliminary economic assessment, a pre-feasibility study or a feasibility study of mineral reserves demonstrating economic and technical viability. Accordingly, there is increased uncertainty and economic and technical risks of failure associated with the Production Decision and Operations, in particular: the risk that mineral grades will be lower than expected; the risk that ongoing mining operations are more difficult or more expensive than expected; and production and economic variables may vary considerably, due to the absence of a detailed economic and technical analysis in accordance with NI 43-101.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291091
Original: Borealis Files NI 43-101 Technical Report for the Sandman Gold Project

Borealis Reports Q2 Fiscal 2026 Financial and Operating ResultsApril 1, 2026 7:00 AM
NewsfileMining Ramp-Up Underway with 602,000 Tons Moved and 45,000 Tons CrushedFully Staffed Operations Team in Place; Strong Balance Sheet with US$21.1 Million in CashVancouver, British Columbia--(Newsfile Corp. - April 1, 2026) - Borealis Mining Company Limited (TSXV: BOGO) (OTCQB: BORMF) (FSE: L4B0) (the "Company" or "Borealis") is pleased to report its unaudited, auditor-reviewed financial and operating results for the three and six months ended January 31, 2026. The Company's interim financial statements have been reviewed by its auditors in accordance with applicable professional standards, as required in connection with the Company's active short form base shelf prospectus.Kelly Malcolm, President and CEO of Borealis, commented: "Borealis has transitioned into active mining, with over 602,000 tons moved to date and crushing now underway. The operation is now in a steady rhythm with regular blasting, mineralization movement from multiple pits, and a fully staffed team in place. With a strong balance sheet, we are focused on maintaining consistency and building throughput as we continue ramping up operations."During the quarter, Borealis generated revenue from gold and silver production at the Borealis Mine in Nevada through continued processing of its historic stockpiles, strengthened its balance sheet, and continued advancing preparations for the restart of open-pit mining and blasting including contractor mobilization and its first blast at the end of the period.Financial Highlights(Unaudited, auditor-reviewed — three months ended January 31, 2026)Revenue of US$1.42 millionGross profit of US$0.62 millionNet loss of US$2.96 million, compared to US$2.87 million in the prior-year periodCash balance of US$21.13 million at quarter endWorking capital of approximately US$26.7 millionInventory balance of US$5.37 millionTotal assets of US$31.82 millionFor the six months ended January 31, 2026:Revenue of US$2.96 millionGross profit of US$1.51 millionNet loss of US$3.84 million, compared to US$5.14 million in the prior-year periodRevenue and gross profit reflect continued gold and silver production from historic stockpiles. The balance sheet strengthened materially during the period, driven by gold and silver sales, an equity financing, and warrant and option exercises.Operating HighlightsProcessing of historic oxide stockpiles continued during the quarter until early January, when the Company transitioned to a new crushing contractor and undertook rehabilitation and optimization of the crushing spread.Borealis has now assembled a fully staffed on-site operations team of approximately 30 personnel, covering all key functions required for active mining and processing, including mine management, engineering, metallurgy, geology, ADR operations, and site safety.As of March 30, 2026, the Company has moved approximately 602,000 tons of material from both the East Ridge pit and the historical Borealis pit. This material includes a combination of mineralized material, pre-stripping, and waste as part of the ongoing mine development and ramp-up.Production drilling and blasting are ongoing, with blasts occurring on a regular weekly to biweekly schedule depending on mining sequence.Crushing operations commenced later than initially anticipated due to the contractor transition and modifications to the crushing spread. Crushing is now underway, with approximately 45,000 tons of material crushed to date, and operations progressing well.Recent site photos of active mining, crushing, and stacking operations at the Borealis Mine are provided below.Figure 1 - Active pre-stripping and mining in the Borealis Main Pit adjacent to the heap leach pad and crusherTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9344/290791_d8d74d9b243f29af_001full.jpgFigure 2 - Advancement of mining at the East Ridge pitTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9344/290791_d8d74d9b243f29af_002full.jpgPermitting, Development, and ExplorationBorealis continues to advance the restart of open-pit mining and crushing operations, with ongoing engineering, contractor coordination, and workforce execution aligned with the operational ramp-up.The Company has made a production decision to restart open-pit mining and crushing operations at the Borealis Mine. This production decision is not based on a feasibility study of mineral reserves demonstrating economic and technical viability. As a result, there is increased uncertainty and a higher degree of economic and technical risk associated with the restart of mining operations, including risks related to operating costs, recoveries, permitting, capital availability, and gold price assumptions. There is no certainty that the restart of mining operations will result in a profitable or economically viable operation.Exploration activities continued during the period, including mapping, target generation, and advancement of drill-ready targets across the Borealis Project, as well as at the Company's Sandman and Big Balds projects in Nevada. The Company also hired an additional exploration geologist and expects to provide an update on its planned exploration activities in the coming weeks. Borealis is also actively advancing development at its Sandman project and anticipates an update in the coming weeks.Balance Sheet and Capital PositionAs at January 31, 2026, Borealis held cash of US$21.13 million, compared to US$3.18 million at July 31, 2025. The increase reflects equity financings and warrant and option exercises completed during the period.The Company ended the quarter with strong working capital of approximately US$26.7 million, supporting continued operational ramp-up and development activities.Subsequent EventsSubsequent to January 31, 2026, Borealis has continued mining, crushing, stacking, and gold pouring activities at site, with operational ramp-up ongoing and supported by a fully staffed team.Borealis announced an updated preliminary economic assessment ("PEA") on its Sandman project on February 19, 2026, which showed highly compelling conceptual economics and a low pre-production capital cost relative to many other pre-development studies.No material environmental, safety, or operational incidents have been reported.Qualified PersonTechnical information contained in this press release has been reviewed and approved by Kelly Malcolm, P.Geo., a non-independent Qualified Person as defined under National Instrument 43-101.Borealis Mine The Borealis mine property, located close to the town of Hawthorne, NV, is fully permitted and equipped for present mine operations and future expansion, with existing open pits, heap leach pads, modern infrastructure, and a functional ADR facility which produces doré bars. The project has historically produced over 600,0001 ounces of gold from an open pit heap leach operation. It is an under-explored property and has not been drilled since 2011, aside from Borealis' efforts in 2024 and 2025. The property possesses high grade expansion potential with robust historical drilling results, along with a number of untested regional targets. 1Please see the Borealis Mine technical report entitled "NI 43-101 Technical Report, Project Status Report, Borealis Mine, Nevada, U.S.A." authored by Douglas Reid, P.Eng. of SRK Consulting, dated February 16, 2024. The report can be found on SEDAR+ or the Borealis website.The Borealis Project holds existing federal and state permits for mining and processing operations. However, certain permit modifications may be required for expanded production, and the timeline for such approvals is subject to regulatory review. The Company cannot guarantee the timing or success of any permit modifications that may be required for future expansions.About BorealisBorealis is a gold mining and exploration company focused on exploration and resumption of production of the Borealis Mine in Nevada and the advancement of its Sandman project also in Nevada. The Borealis Mine is a fully permitted mine site, equipped with active heap leach pads, an ADR facility, and all necessary infrastructure to support a heap leach gold mining operation. In addition to the mine, the property, comprised of 815 unpatented mining claims of approximately 20 acres each totaling approximately 16,300 acres and one unpatented mill site claim of about five acres located in western Nevada, is highly prospective for additional high-sulfidation gold mineralization. The Sandman project, recently acquired through the acquisition of Gold Bull Resources Inc., is an advanced exploration project with a recently completed (2021) NI 43-101 compliant resource and a recent (2023) Preliminary Economic Assessment which indicates compelling economics, particularly in light of the increase in commodity prices since publication of the study. Borealis is led by a strong board and management team, many of whom have founded, managed, and sold highly successful mining and exploration companies.For further information, please contact:Kelly Malcolm
President and Chief Executive Officer
info @paul314This news release may contain certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290791
Original: Borealis Reports Q2 Fiscal 2026 Financial and Operating Results

Last month Borealis Mining Company Ltd. (BOGO.v) initiated crushing of the ~327,000 ton mineralized stockpile at the Borealis Gold Project in Nevada.

Crushing rates are expected to range from 2,500 tpd to 4,500 tpd depending on the crushing characteristics of the material.

Worth mentioning that drip line application of the first panel of crushed material was expected to begin last week with a tentative target of a 1st gold pour in the week of August 11th.

https://borealismining.com/2025/06/borealis-announces-initiation-of-crushing-ahead-of-schedule-at-the-borealis-mine/

*Posted on behalf of Borealis Mining Company Ltd.

Borealis Mining (BOGO.v BORMF) is well into stockpile crushing at its Borealis Project & expects to start pouring gold in August, marking key progress toward restarting full-scale mining. This follows bulk sampling which showed an average grade of 0.55 g/t Au & an expected recovery of ~70%. More⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1m2inws/borealis_mining_company_ltd_bogov_crushing_327000/

Borealis Mining Company Ltd. (BOGO.v) last month initiated crushing of the ~327,000 ton mineralized stockpile at the Borealis Gold Project in Nevada.

Crushing rates are expected to range from 2,500 tpd to 4,500 tpd depending on the crushing characteristics of the material.

Worth noting that drip line application of the first panel of crushed material was expected to begin last week with a tentative target of a 1st gold pour in the week of August 11th.

https://borealismining.com/2025/06/borealis-announces-initiation-of-crushing-ahead-of-schedule-at-the-borealis-mine/

*Posted on behalf of Borealis Mining Company Ltd.

Borealis Mining Company Ltd.’s (BOGO.v) current drilling at the Borealis Gold Project is focused on testing exploration targets around the western historical deposits in order to complete an updated resource statement.

While crushing and production of the ~327,000 ton mineralized stockpile at the Borealis Project is ongoing, BOGO.v intends to continue drilling throughout 2025, focusing on the western portion of the projects but also in and around the historical deposits at Borealis within the current permitted footprint.

https://borealismining.com/2025/03/borealis-drills-4-48-g-t-over-30-5-meters-including-15-16-g-t-gold-over-6-1-meters-in-oxides-at-historical-cerro-duro-deposit-in-nevada/

*Posted on behalf of Borealis Mining Ltd.

While Borealis Mining Company Ltd. (BOGO.v) continues the crushing of the ~327,000 ton mineralized stockpile at the Borealis Gold Project in Nevada, they have stated they will continue exploration drilling throughout 2025 with a focus on expanding known mineralization and unlocking high-grade zones within and around the permitted footprint.

https://borealismining.com/2025/03/borealis-drills-4-48-g-t-over-30-5-meters-including-15-16-g-t-gold-over-6-1-meters-in-oxides-at-historical-cerro-duro-deposit-in-nevada/

*Posted on behalf of Borealis Mining Company Ltd.

Last month Borealis Mining Company Ltd. (BOGO.v) announced that crushing of the ~327,000 ton mineralized stockpile at the Borealis Gold Project in Nevada began ahead of schedule. Crushing rates are expected to range from 2,500 tpd to 4,500 tpd depending on the crushing characteristics of the material.

One thing Kelly Malcolm, CEO of Borealis, highlighted is that not only is this a meaningful revenue-generating exercise but it also provides Borealis “with a low-risk confirmatory test of our plant and procedures ahead of upcoming genuine mining.”

https://borealismining.com/2025/06/borealis-announces-initiation-of-crushing-ahead-of-schedule-at-the-borealis-mine/

*Posted on behalf of Borealis Mining Company Ltd.

orealis Mining (BOGO.v or BORMF) is advancing its Nevada gold portfolio, with early stockpile crushing at the Borealis Mine underway since June 6, cyanide application expected to start this week, and the first gold pour targeted for mid-August, supporting plans for a Q4 2025 mining restart.
https://borealismining.com/2025/06/borealis-announces-initiation-of-crushing-ahead-of-schedule-at-the-borealis-mine/

*Posted on behalf of Borealis Mining Company Ltd.

With over 300,000 tons of stockpiled material now being processed and first gold pour expected as soon as August, Borealis Mining (BOGO.v BORMF) is making a decisive move toward production, launching ahead-of-schedule crushing at its fully permitted Nevada gold mine: https://www.reddit.com/r/Canadapennystocks/comments/1la111o/borealis_mining_bogov_bormf_begins_crushing_at/
 

BOGO.v (BORMF) is currently crushing a 327k t stockpile at its Borealis Gold Mine in Nevada, targeting the 1st gold pour in early August. This low-risk program is expected to validate BOGO's plant & processes ahead of planned full mine restart in Q4. *Posted on behalf of Borealis Mining Company Ltd.

"What really intrigued me about the property at the beginning was the potential to find significant oxide gold deposits" - Borealis Mining (BOGO.v BORMF) CEO Kelly Malcolm: What made CEO Kelly Malcolm do a double-take at the Borealis Mine? 👀

In this clip, he shares what stood out to him as an exploration geologist — and how the data hints at more potential.$BOGO.V pic.twitter.com/lHByVk1xro— Borealis Mining ($BOGO.V | $BORMF | $L4B0) (@BorealisMining) June 18, 2025

Crushing has officially begun at the fully permitted Borealis Mine—marking a key step in BOGO's transition from preparation to production.

As the first gold pour is targeted for August and heap leach recovery is already underway, this low-risk start is set to generate early revenue while paving the way for a full-scale mine restart in Q4.

With Borealis underexplored and Sandman offering added upside, BOGO is positioning itself for a breakout year in Nevada gold.

Check out the full story here: https://www.reddit.com/r/Canadapennystocks/comments/1la111o/borealis_mining_bogov_bormf_begins_crushing_at/

Posted on Behalf of Borealis Mining Company Ltd.

Processing over 300,000 tons of stockpiled ore at up to 4,500 tons per day, Borealis Mining (BOGO.v BORMF) has officially kicked off crushing operations ahead of schedule at its fully permitted Borealis Mine in Nevada: https://www.reddit.com/r/Canadapennystocks/comments/1la111o/borealis_mining_bogov_bormf_begins_crushing_at/
 
With cyanide application starting in July and first gold pour slated for August, this low-risk, revenue-generating campaign marks a major milestone as Borealis advances toward full mine restart by Q4 2025.
 
Posted on Behalf of Borealis Mining Company Ltd.

Marking a major milestone toward gold production, Borealis Mining (BOGO.v BORMF) has kicked off crushing operations early at its fully permitted Borealis Mine in Nevada: https://www.reddit.com/r/Canadapennystocks/comments/1la111o/borealis_mining_bogov_bormf_begins_crushing_at/

Paving the way for a broader mine restart by Q4 2025, BOGO is processing 327,000 tons of mineralized stockpile, with the first cyanide application set for early July and a first gold pour expected the week of August 11.

With a historically productive site, modernized infrastructure, and expansion potential at both Borealis and the newly acquired Sandman Project, BOGO is positioning itself as a near-term U.S. gold producer with long-term growth upside.

Posted on Behalf of Borealis Mining Company Ltd.

Borealis Mining (BOGO.v BORMF) began stockpile crushing on June 6 at its fully permitted Borealis Gold Mine in Nevada, w/ gold pouring targeted for the week of August 11. This low-risk campaign aims to confirm plant readiness & generate revenue ahead of a planned mine restart in Q4. Full DD here⬇️
https://www.reddit.com/r/Canadapennystocks/comments/1la111o/borealis_mining_bogov_bormf_begins_crushing_at/

Last week, Borealis Mining (BOGO.v BORMF) began ahead-of-schedule crushing of its ~327,000-ton mineralized stockpile at the Borealis Gold Project in Nevada, with rates expected between 2,500 and 4,500 tonnes per day and the first gold pour targeted by mid-August: https://borealismining.com/2025/06/borealis-announces-initiation-of-crushing-ahead-of-schedule-at-the-borealis-mine/

Based on 2024 bulk sample results averaging 0.55 g/t Au and ~70% recovery via heap leach, the two-stage crushing campaign will continue into Q4 2025, with gold pours expected through mid-2026.

More on BOGO: https://www.reddit.com/r/Canadapennystocks/comments/1la111o/borealis_mining_bogov_bormf_begins_crushing_at/

This is a meaningful revenue-generating exercise"

Borealis Mining (BOGO.v BORMF) has started crushing ~327,000t of stockpiled material ahead of schedule at its Borealis Gold Mine in Nevada. First gold pour is targeted for the week of August 11, with mining and blasting tentatively set to restart in Q4 2025.
https://borealismining.com/2025/06/borealis-announces-initiation-of-crushing-ahead-of-schedule-at-the-borealis-mine/

*Posted on behalf of Borealis Mining Company Ltd.

Borealis Mining (BOGO.v BORMF) has mobilized contractors at its permitted Nevada mine. Crushing of a 327,000t stockpile is scheduled to begin today, with the first gold pour expected in late July. Gold pours are expected to continue into mid-2026. Guidance on restarting blasting/mining is pending, tentatively Q4 2025.
https://borealismining.com/2025/06/borealis-announces-contractor-mobilization-at-borealis-mine/

*Posted on behalf of Borealis Mining Company Ltd.

Borealis Mining (BOGO.v, BORMF) has mobilized contractors at its Borealis Mine in Nevada, with crushing of a 327,000t stockpile set for June 9 and first gold pour expected in late July. The stockpile averages 0.55 g/t Au with ~70% expected recovery via heap leaching based on 2024 bulk sampling.
https://borealismining.com/2025/06/borealis-announces-contractor-mobilization-at-borealis-mine/

*Posted on behalf of Borealis Mining Company Ltd.

Yesterday, Borealis Mining (BOGO.v BORMF) announced that contractors have mobilized at its Borealis Gold Project in Nevada, with crushing of a 327,000-tonne mineralized stockpile set to begin on June 9, 2025 and the first gold pour in late July: https://borealismining.com/2025/06/borealis-announces-contractor-mobilization-at-borealis-mine/

The stockpile, averaging 0.55 g/t gold based on 2024 bulk sampling, is projected to yield approximately 70% recovery through conventional heap leaching.

Crushing operations will continue into Q4 2025, with gold production expected to extend into mid-2026. A restart of full-scale mining operations, including blasting, is tentatively targeted for Q4 2025.

More on BOGO here: https://www.reddit.com/r/Canadapennystocks/comments/1kx1uim/borealis_mining_bogov_bormf_plans_to_restart_gold/

Borealis Mining (BOGO.v, BORMF) to pour gold in July, starting with crushing the ~330,000-ton stockpile at its fully built, permitted Borealis Mine site. BOGO's additional Nevada-based assets include Sandman (433koz Au) and Big Balds (untested, high-potential). More⬇️
https://borealismining.com/wp-content/uploads/2025/04/Borealis_Presentation_Q2_2025_.pdf

*Posted on behalf of Borealis Mining Company Ltd.

Borealis Mining (BOGO.v BORMF) is close to restarting gold production from 327k tons of stockpiled ore at its Borealis mine in Nevada's Walker Lane trend. Crushing starts June 9, targeting a first gold pour by late July. Operations resume amid strong gold prices & long-term expansion plans💥 More⬇️
https://www.reddit.com/r/Canadapennystocks/comments/1kx1uim/borealis_mining_bogov_bormf_plans_to_restart_gold/

Marking a long-awaited return to production in the heart of the Walker Lane trend, Borealis Mining (BOGO.v BORMF) is gearing up to pour first gold by late July 2025 at its fully permitted Nevada mine.

With the crushing of 300,000 tons of stockpiled ore beginning June 9 and gold prices near all-time highs, Borealis is primed to generate near-term cash flow and reestablish itself as a serious player in U.S. gold production.

Check out the full story here: https://www.reddit.com/r/Canadapennystocks/comments/1kx1uim/borealis_mining_bogov_bormf_plans_to_restart_gold/

Posted on Behalf of Borealis Mining Company Ltd.

With gold prices near record highs, Borealis Mining (BOGO.v BORMF) is targeting steady output and long-term development. The company plans to restart gold production at its Nevada mine in July, beginning with 327,000 short tons of stockpiled ore. Crushing starts June 9💥 More: https://borealismining.com/2025/04/borealis-announces-timing-to-gold-production-and-appoints-robert-buchan-as-non-executive-chairman/

Posted on behalf of Borealis Mining Company Ltd.

Red Cloud Securities has raised its price target on Borealis Mining (BOGO.v BORMF) to $1.70/share (from $1.60) while maintaining a BUY (Speculative) rating—highlighting the company's near-term gold production and capital-light growth strategy.

With gold production set to begin June 9 from a 300,000-tonne stockpile at its fully permitted Nevada heap leach site, BOGO is positioned to generate $11.5M in revenue in H2 2025 and scale to 23,000+ oz in 2026—all without major new capex.

Full Breakdown: https://www.reddit.com/r/Wealthsimple_Penny/comments/1ks9jpa/red_cloud_securities_has_raised_its_price_target/

Posted on Behalf of Borealis Mining Company Ltd.

With a fully permitted heap leach operation, strong insider backing, and a 327,000-tonne stockpile ready for processing, Borealis Mining (BOGO.v) is positioned to become Nevada’s next gold producer.

CEO Kelly Malcolm confirmed operations will begin in June—kicking off a low-capex, near-term production plan with expansion into oxide mining and a prefeasibility push at the Sandman Project already underway.

For more information, check out this webinar recap: https://www.reddit.com/r/Wealthsimple_Penny/comments/1kmt4y6/webinar_recap_borealis_mining_bogov_targets_july/

Posted on Behalf of Borealis Mining Company Ltd.

Informative webinar with the CEO of Borealis Mining Company Ltd. (BOGO.v) who are on track for near-term resumption of gold production at their Borealis Mine in the Walker Lane trend of Nevada.

https://www.youtube.com/live/e0FxkFgcsdE

Crushing and stacking of the stockpiled mineralization is set to commence on June 9th with the 1st pour expected towards the end of July and continuing regularly until at least Q2 of 2026.

*Posted on behalf of Borealis Mining Company Ltd.

Borealis Mining Company Ltd. (BOGO.v) is on track for near-term resumption of gold production at their Borealis Mine in the Walker Lane trend of Nevada.

Crushing and stacking of the stockpiled mineralization is set to commence on June 9th with the 1st pour expected towards the end of July and continuing regularly until at least Q2 of 2026.

Borealis will provide guidance on timing of resumption of genuine blasting and mining from its permitted open pits in due course, but is tentatively targeting Q4 of 2025 which should coincide well with the end of the stockpile crushing program and should result in a continued revenue stream going forward.

More here:
https://borealismining.com/2025/04/borealis-announces-timing-to-gold-production-and-appoints-robert-buchan-as-non-executive-chairman/

*Posted on behalf of Borealis Mining Company Ltd.

In a recent update, BOGO.v (BORMF) outlined plans to pour gold from the 327k t stockpile at its flagship project. Backed by notable investors McEwen (ownership = 14%) & Sprott (10%), BOGO plans a direct transition to mining nearby shallow oxide zones after stockpile depletion. Full video summary⬇️
https://www.reddit.com/r/Wealthsimple_Penny/comments/1kmt4y6/webinar_recap_borealis_mining_bogov_targets_july/

Borealis Mining (BOGO.v BORMF) targets a July 2025 gold pour from its 327,000t Nevada stockpile, with crushing starting June 9. It plans a smooth transition to shallow oxide mining and is advancing its Sandman Project toward prefeasibility.
*Posted on behalf of Borealis Mining Company Ltd.

Here’s a recent webinar with the Borealis Mining Company Ltd. (BOGO.v) CEO Kelly Malcolm where he covers everything from their capital structure and team to the Borealis and Sandman Gold Projects.

https://www.youtube.com/live/e0FxkFgcsdE

Borealis is currently preparing for near-term resumption of gold production with a large stockpile of oxide and transitional material totalling ~327,000 short tons.

Crushing and stacking of the stockpiled mineralization is set to commence on June 9th with the 1st pour expected towards the end of July and continuing regularly until at least Q2 of 2026.

More here:
https://borealismining.com/news/

*Posted on behalf of Borealis Mining Company Ltd.

Borealis Mining (BOGO.v) targets its 1st gold pour from stockpiled material at its fully permitted Nevada mine in July. Crushing starts June 9, w/ open-pit mining to follow. Next up is the company's Sandman Project, a 494k oz gold asset in Nevada. *Posted on behalf of Borealis Mining Company Ltd.

Borealis Mining's (BOGO.v BORMF) Borealis Project in Nevada historically produced 600K oz of gold. Marking a major relaunch, BOGO is gearing up to crush its 327K-short-ton ore stockpile in early June, with the first gold pour expected by late July. Full news breakdown & BOGO DD here⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1khaycj/indepth_gold_news_breakdown_dd_borealis_mining/

Last month Borealis Mining Company Ltd. (BOGO.v BORMF) announced their timing and plans for upcoming gold production at its fully permitted and built Borealis Gold Project in the Walker Lane trend of Nevada.

Borealis is preparing for near-term resumption of gold production with a large stockpile of oxide and transitional material totalling ~327,000 short tons.

Crushing and stacking of the stockpiled mineralization will begin June 9th with 1st pour expected towards the end of July and continuing regularly until at least Q2 of 2026.

More here: https://borealismining.com/2025/04/borealis-announces-timing-to-gold-production-and-appoints-robert-buchan-as-non-executive-chairman/

*Posted on behalf of Borealis Mining Company Ltd.

As gold continues to trade near ATHs, Borealis Mining (BOGO.v BORMF) plans to begin gold production from stockpiled ore at its Nevada mine by July, with crushing starting in early June. This marks a shift to large-scale recovery, supported by existing infrastructure and a 327,000-ton stockpile.
https://borealismining.com/2025/04/borealis-announces-timing-to-gold-production-and-appoints-robert-buchan-as-non-executive-chairman/

*Posted on behalf of Borealis Mining Company Ltd.

About to enter a defining chapter, Borealis Mining (BOGO.v) is set to begin gold production at its fully permitted and constructed Borealis Gold Project in Nevada’s Walker Lane trend as early as June 2025.

With crushing and stacking of over 327,000 short tons of stockpiled oxide and transition material commencing on June 9th, and the first gold pour targeted for late July, BOGO is on the cusp of becoming Nevada’s newest gold producer.

Following the leaching of the existing stockpile, BOGO will begin exploiting historic mineralization identified in historic drilling to continue feeding its gold production and pouring operations.

Backed by strong metallurgical results, a simplified processing strategy, and a seasoned leadership team, BOGO is poised to deliver consistent gold production and cash flow through at least mid-2026, marking a major value inflection point for the company and its shareholders.

For more information, check out this summary of BOGO's latest webinar: 🚨 $BOGO.v WEBINAR SUMMARY THREAD🚨

CEO of @BorealisMining joined @adelaide_cap today to discuss ongoing heap leaching, production of Dore bars & path to production

+Recent acquisition of Sandman Project

Current cash = $10M + on the lookout for more M&A$BOGO $BOGOMF https://t.co/BGZn6xPTZL— Fantastic Mr.Stocks (@Fantastic_MrSTX) April 23, 2025

Borealis Mining (BOGO.v) plans first gold pour in July from its 327,000t Nevada stockpile, followed by oxide pit mining. The 494,000 oz Sandman Project is next, with prefeasibility underway. Backed by Sprott, the company aims to scale as a low-capex regional producer.
*Posted on behalf of Borealis Mining Company Ltd.

Having secured 100% ownership of the Sandman Gold Projectan asset with a $424M post-tax NPV at $3,000 gold from Gold Bull Resources, Borealis Mining (BOGO.v) had added 433,000 oz of indicated resources to its portfolio.

With strong economics outlined in the 2023 PEA, and existing infrastructure keeping capex low, Sandman positions BOGO as a near-term production story with significant upside.

As gold prices climb, the company is advancing toward a PFS or FS to further optimize economics and accelerate project timelines, while exploration drilling offers clear potential to grow the current resource base.

For more information, check out this summary of BOGO's latest webinar: 🚨 $BOGO.v WEBINAR SUMMARY THREAD🚨

CEO of @BorealisMining joined @adelaide_cap today to discuss ongoing heap leaching, production of Dore bars & path to production

+Recent acquisition of Sandman Project

Current cash = $10M + on the lookout for more M&A$BOGO $BOGOMF https://t.co/BGZn6xPTZL— Fantastic Mr.Stocks (@Fantastic_MrSTX) April 23, 2025

Borealis Mining (BOGO.v) shared in its recent Adelaide Capital presentation that crushing from its 327,000-ton stockpile begins June 9, w/ a first gold pour expected in July.

This marks the company’s first step into production ahead of its transition into open-pit mining. Full video breakdown here⬇️
https://www.reddit.com/r/SmallCapStocks/comments/1kbtkcq/webinar_summary_borealis_mining_bogov_targets/

Borealis Mining (BOGO.v) plans to begin gold production in July 2025 from its fully permitted Nevada heap leach mine, starting with a 327,000-ton stockpile. CEO Kelly Malcolm outlined a seamless transition to pit mining and progress on the Sandman Project in a recent Adelaide Capital webinar.

Posted on behalf of Borealis Mining Company Ltd.

What Investors NEED to KNOW - Borealis Mining (BOGO.v) Webinar with Adelaide Capital:

Moving fast toward production, BOGO has dore bars in hand, heap leaching underway, $10M cash, and a $424M NPV boost from the Sandman acquisition.

With minimal capex ahead, BOGO is positioned for near-term cash flow and long-term growth.

Catch the full webinar with Adelaide Capital here:

Webinar summary: 🚨 $BOGO.v WEBINAR SUMMARY THREAD🚨

CEO of @BorealisMining joined @adelaide_cap today to discuss ongoing heap leaching, production of Dore bars & path to production

+Recent acquisition of Sandman Project

Current cash = $10M + on the lookout for more M&A$BOGO $BOGOMF https://t.co/BGZn6xPTZL— Fantastic Mr.Stocks (@Fantastic_MrSTX) April 23, 2025

BOGO.v aims to begin crushing stockpiled ore at its Borealis Mine in June, pouring gold in July & open-pit mining operations in Q4. + BOGO recently appointed Kinross founder Robert Buchan as Non-Executive Chairman, adding decades of mine development & production leadership. Full news breakdown⬇️
https://www.reddit.com/r/Wallstreetbetsnew/comments/1k7yv4o/borealis_mining_bogov_prepares_for_first/

Borealis Mining (BOGO.v) targets its first gold pour from stockpiled ore at its Borealis Mine in Nevada by July 2025. Crushing begins June 9. + Kinross founder Robert Buchan was recently appointed Chairman to guide production growth. Full news here⬇️
https://borealismining.com/2025/04/borealis-announces-timing-to-gold-production-and-appoints-robert-buchan-as-non-executive-chairman/

Posted on behalf of Borealis Mining Company Ltd.

With crushing starting on June 9, Borealis Mining (BOGO.v) expects to make the first gold pour from its 327,000-ton stockpile in July. Kinross founder Robert Buchan has joined as Chairman, with new operations & safety leads also appointed. Blasting & mining are set to resume in Q4. Full breakdown⬇️
https://www.reddit.com/r/Wallstreetbetsnew/comments/1k5khys/today_borealis_mining_bogov_targets_first_gold/

With gold hovering near record highs, Borealis Mining (BOGO.v) is set to begin production in weeks — confirming first gold pour in July 2025 from its fully built Nevada project. Crushing begins June 9th, targeting continuous output through mid-2026.
 
To drive this next phase, BOGO brought in heavyweight Robert Buchan—founder of Kinross Gold—as Chairman. With stockpiles ready, permits in hand, and cash flow imminent, Borealis is positioning itself as a compelling near-term gold play.
 
Full details here: TODAY: @BorealisMining Announced Near-Term #Gold Production at Nevada Project $BOGO.v

Today, $BOGO confirmed gold production at its fully permitted & constructed Borealis Gold Project in Nevada’s prolific Walker Lane trend will begin early June 2025.

Crushing and stacking of… https://t.co/KpSdIYyjPd pic.twitter.com/0bVylIvg5R— Stock Master Flash (@StckMasterFlash) April 22, 2025

Today, Borealis Mining (BOGO.v) announced it will commence gold production from crushed stockpiled ore at its fully permitted Borealis Mine in Nevada, with crushing and stacking operations set to begin on June 9, 2025, and the first gold pour expected in July. This strategic move coincides with record-high gold prices, positioning the company to capitalize on favorable market conditions. To support this ramp-up, Borealis has appointed Kinross Gold founder Robert Buchan as Non-Executive Chairman, bringing extensive industry experience to guide the company's growth. Full news here: https://borealismining.com/2025/04/borealis-announces-timing-to-gold-production-and-appoints-robert-buchan-as-non-executive-chairman/

*Posted on behalf of Borealis Mining Company Ltd.

Today, Borealis Mining (BOGO.v) confirmed that gold production at its fully permitted and constructed Borealis Gold Project in Nevada’s prolific Walker Lane trend will begin early June 2025 with the crushing and stacking of approximately 327,000 short tons of oxide and transition stockpiled material. (Source: https://borealismining.com/2025/04/borealis-announces-timing-to-gold-production-and-appoints-robert-buchan-as-non-executive-chairman/)

With gold prices at historic highs, a fully permitted and built mine, and a highly experienced team in place, BOGO is positioned to begin generating near-term cash flow and unlocking value for shareholders. For more information, BOGO is holding a investor update webinar with Adelaide Capital Wednesday, April 23 at 2:00pm ET - register here: https://streamyard.com/watch/bpna2cFPmaVg

More info on BOGO's unique opportunity: https://www.reddit.com/r/PennyStocksCanada/comments/1k1qeeg/borealis_mining_company_bogov_fullypermitted/

UPCOMING WEBINAR: Investor Update from Borealis Mining (BOGO.v) with Adelaide Capital - Wednesday, April 23 at2:00PM ET

REGISTER HERE: https://streamyard.com/watch/bpna2cFPmaVg

With gold pushing all-time highs, Borealis Mining (BOGO.v) is already producing at its 1.8Moz+ resource in Nevada, where it's is ramping toward full-scale operations and expanding into its second fully permitted project. Check out the full story here: : https://www.reddit.com/r/PennyStocksCanada/comments/1k1qeeg/borealis_mining_company_bogov_fullypermitted/

Borealis Mining (BOGO.v) has begun starter gold production at its fully permitted Nevada mine and is ramping toward full-scale. With $60M in infrastructure, drilling underway, and a second development-stage project, BOGO is well-positioned amid record gold prices. New deck here: https://borealismining.com/wp-content/uploads/2025/04/Borealis_Presentation_Q2_2025.pdf

Posted on behalf of Borealis Mining Company Ltd.